Showing 1 - 10 of 153
Data brokers collect, manage, and sell customer data. We propose a simple model, in which data brokers sell data to downstream firms. We characterise the optimal strategy of data brokers and highlight the role played by the data structure for co-opetition. If data are "sub-additive", with the...
Persistent link: https://www.econbiz.de/10011977111
Large, generalist, technology firms-so-called "big-tech" firms-powerful in their primary market, routinely enter secondary markets consisting of specialist firms. Naturally, one might expect a specialist firm to be fiercely protective of its data as a way to maintain its market position in the...
Persistent link: https://www.econbiz.de/10014478730
The recent literature on firm-to-firm trade has documented salient empirical regularities of the buyer-seller network …
Persistent link: https://www.econbiz.de/10012534686
Following Garicano (2000), we consider groups whose members decide what knowledge to acquire and how to use this … knowledge in production. If efficient production requires common knowledge, all group members should become workers and acquire … common knowledge. But if efficient production requires diverse knowledge, one group member should become manager, acquire …
Persistent link: https://www.econbiz.de/10012415623
literature. Social capital relates to trust, honesty and the social fabric of accepted norms central to the successful …
Persistent link: https://www.econbiz.de/10002756340
We consider the psychological and social foundations of human contributions and punishments in a voluntary contributions mechanism with punishment (VCMP). We eliminate 'dynamic economic linkages' between the two stages of our "modified" VCMP to rule out other potential explanations. We use a...
Persistent link: https://www.econbiz.de/10013494040
What drives change in a society's values? From Marx to modernization theory, scholars have identified a connection between structural transformation and social change. To understand how changes in a society's dominant mode of production affect its dominant values, we examine the case of the...
Persistent link: https://www.econbiz.de/10014364990
This paper analyzes persuasive advertising and pricing in oligopoly if firms sell differentiated products and consumers have heterogeneous social attitudes towards the consumption by others. Deriving product demand from primitives, we show that the demand-enhancing effect of persuasive...
Persistent link: https://www.econbiz.de/10009130236
This paper studies the effect of cultural attitudes on childcare provision, fertility, female labour supply and the gender wage gap. Cross-country data show that fertility, female labour force participation and childcare are positively correlated with each other, while the gender wage gap seems...
Persistent link: https://www.econbiz.de/10009009595
localized and well-respected administration increased citizens' trust in local public services. In several Eastern European … Habsburg affiliation increases current trust and reduces corruption in courts and police. Falsification tests of spuriously … moved borders, geographic and pre-existing differences, and interpersonal trust corroborate a genuine Habsburg effect …
Persistent link: https://www.econbiz.de/10009012109